Banco Comercial Português

Banco Comercial Português ( BCP) to Portuguese German commercial bank, is the largest Portuguese universal bank. The bank, founded in 1985 is listed in both the Euro Next Lisbon and in the PSI 20. Current CEO is Paulo Teixeira Pinto. The bank is headquartered in Porto, the largest part of business operations, however, made ​​by the offices in Oeiras, a suburb of the Portuguese capital, Lisbon, from. Since 2004, the Bank's customers run under the name Millennium BCP.

History

Jorge Jardim Gonçalves In 1985, a Portuguese entrepreneur who previously active in the colonial war in Angola campaigned together with Américo Amorim, António Gonçalves and Alberto Pinto Basto, a new, north Portuguese bank Banco Comercial Português named. At the time, the bank had its seat nor in the largest northern Portuguese city of Porto. Since its inception, the company operates throughout the territory of Portugal and follows an aggressive expansion strategy. In 1995, the BCP Banco Português do Atlântico, 2000, the banks Banco Mello and Banco Pinto e Sotto Mayor.

2003/2004 all customer transactions BCP run under the name of Millennium BCP, to unify the entire individual companies that have been added purchased over the last decades.

2007 failed a takeover by Banco Português de Investimento, the Portuguese (BPI ).

Expansion abroad

After the re- introduction of the market economy in Poland, the Bank established a subsidiary there in 1989 under the name Millennium Bank. The Polish branch was among other things the first bank, which was traded in the Polish stock market.

By 2007, the Bank acted in Canada under the name of BCP bank branches has since been taken over by BMO Bank of Montreal. Furthermore, the Bank has also branches in Romania, Greece, Turkey and in the former Portuguese colonies of Macao, Mozambique and Angola.

Company figures

In 2006, the total assets of the Banco Comercial Português totaled 79.259 million euros, net operating income, total 2.703 billion euros.

In fiscal 2006, operating 864 stores in total BCP Portugal, 614 in other countries of the world (Poland, Romania, Greece, etc.). The BCP has over four million customers worldwide.

Ownership structures

The shares of BCP Millennium on the Portuguese Stock Index 20 a weighting of 9.92 %.